ZombieHealthcare
What Happened to Cardio Diagnostics Holdings?
Ticker: CDIOSPAC Year: 2021
Return
-77.5%
Current Price
$2.25
Peak Price
$307.5
Trust Size
$8M
Summary
Cardio Diagnostics is an artificial intelligence-powered precision cardiovascular diagnostics company using epigenomic technology to detect heart disease through blood tests.
What Happened
Cardio Diagnostics went public through a SPAC merger and trades under CDIO. The company is developing blood-based tests that use epigenomic (DNA methylation) biomarkers powered by AI to assess cardiovascular disease risk. Despite an innovative approach, the company has reported going concern warnings and the stock has declined significantly.
Timeline
2021-11-10
S-1 Registration Filed
Risk Indicators
⚠️ Reverse Split